1339 S PALISADE ST new to site

Wichita,KS 67213

$ 185000

- Bed

- Bath

1986 SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,986 sqft

Price per Sqft $93

MLS Listing ID SCK664323

Style Converted House

Year Built 1910

Annual Tax Amount $1,014

Tax Year 2024

Property Sub-Type Triplex

Property Description

Income-Producing Triplex. Excellent opportunity to own a well-maintained triplex with solid rental history, strong returns and room for upside! This property offers two 1-bed/1-bath units B & C and one 2-bed/1-bath unit A, all featuring efficient layouts and reliable rental demand. Current Income. Unit A (Front, 2 Bed / 1 Bath): Rented for $800/month, leased through March 2026. Recent updates include new windows, new appliances, hot water heater, HVAC, and electrical. Features washer & dryer hookups. Unit B (Rear, 1 Bed / 1 Bath): Rented for $700/month, leased through April. Improvements include new HVAC, new appliances, fresh interior paint, washer & dryer hookups, deck, and new front door. Unit C (Upstairs, 1 Bed / 1 Bath): Vacant and rent-ready at market rate. Upgrades include new windows, carpet, and an updated bathroom. Exterior highlights include fresh paint, durable smart siding, newish roof, and off-street parking (one space per unit). Each unit has a refrigerator and range, and separate electric meters. An unfinished basement provides extra storage. Owner currently pays water and sewer only, keeping operating costs low and predictable. This turnkey property delivers immediate income and long-term growth along with great upside potential. Great addition to any rental portfolio! Unit C is the only available unit to see. Please do not disrupt the tenants. Schedule your private showing today!

Location

State KS

County Sedgwick

Interior

Heating Electric,Individual Unit

Cooling Multi Units,Electric

Flooring Carpet,Tile

Exterior

Garage Description 1 per Unit

Utilities Available Natural Gas Available,Sewer Available

View Y/N Yes

Roof Type Composition

Building

Structure Type Frame,Masonry

Schools

Elementary Schools Gardiner

Middle Schools Hamilton

High Schools West

School District Wichita School District (Usd 259)

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